ULIPs better than Mutual Funds? The Real Truth
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- čas přidán 9. 07. 2024
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In this video, I attempt to expose the dirty tricks used by insurance agents and bank employees to sell ULIPs to people who don't need them.
Disclaimer: I am not blaming all agents/ bank employees, but rather pointing out the ubiquitous and unethical practices being followed by some agents and some bankers.
Read Blog in English: labourlawadvisor.in/blog/ulip...
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Chapters:
0:00 Busting the ULIP scam
2:00 Analysing the ULIP chart
3:57 Misleading Points
9:11 Mortality Charge
12:01 Return of Mortality Charge
12:47 Right way to compare ULIP & MF
17:34 ULIP benefits
21:48 Disadvantages of ULIP
25:16 Why I made this video?
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Aap alag alag hai kya
Yes
Please make video on where to park money after retirement
@@LabourLawAdvisor agar koi maan lete h 1 cr kamaya stock market se and usne ltcg diya 10 % to 90 lakh bacha to kya use ab uspe 30 % ka income tax v lagega
i always seeking for money knowledge 👍🏻
ignore that 10.35% mistake, it is actually 10.65%. It is an editing mistake
What about tax on mutual fund?
TATAAIA FORTUNE PRO LIYA HAI SIR MONTH PAHLE MUJHE SAMAJH NHI AA REHA CHALNE DU YA KYA KARU KUCH DETAIL BANA SAKTE HO AAP FORTUNE PRO KE BAARE MAIN
@@houdongchannel2683 explained the in the 30 MINUTE video, you may watch
Can we take holiday for ulip premium
Don't worry. We may be emotional with money but sharp in simple maths.
You have saved my father's hard earned money which we were going to invest in ulip thanks to you for spreading awareness which is not usually given to girls
Than buy a ULIP but in young one names and not in name of your father
Because of his advise, you are losing such a great source of tax free capital appreciation.
@@MINATOYELLOWFLSH2005 yes you're right. I am 24 and i bought this. I mean we should invest money in different buckets!
@@priyankabanerjee3709 the best thing I believe is nifty 50 etf. No need to buy mutual funds.
First study about mutual funds also . Then take the step accordingly.
@labour law advisor Dont Make your decision by just watching a video on youtube. Ulip is good product which gives you Death benefit + Tax savings + opportunity to invest in market.
Colleges and schools should include these things as curriculum
Mandeep is doing such an amazing work ✌👍
They do have this in curriculum bhai...but uske liye finance and commerce ki side mein jana padta hey....science,doctor, engg ki line mein nahin....stop complaining..start learning
@@gamerz_2k I'm from commerce stream and I haven't read or seen this in my curriculum and sometimes when there is a scope of change then raising voice or giving feedback is good it's not complaining bhai
So you should better understand the perspective first before saying anything based on your perception made out through those motivational quotes
People : thanos Vs avengers are biggest rivalry
.
.
Mandeep : Hold my ULIP 😂😂😂
In the world of a lot of Scams, I'm greatful that I found your channel ❤️🔥
Bhai sare facts mai, intensionally ulip ko down kar ke dikha rhe ho, why didn't u talk about ulip on single premium & fund switching in that, ulips is best for investment & safe. Cz it hs fund switch, single premium option, & why you always show that that chart is wrong u are selecting the fucking chart & telling people that it has fake percentage 😅 then why you picked? & Main thing why are you saying again & again i hv mutual fund & having good return 😅😅😅 wht the fuck bro... You are making this video for fooling the people that's it...& Why you put that links of mutual fund in your description fuck you bro 😅 bhai mai bhi insurance mai hu mene humesha ulip hi sell kiya hai, traditional mai sirf non par plans & term plan... Sirf ek plan galat hota hai insurance mai wo.hai TRADITIONAL KA PAR plan bonus wale plan smjh gya bhai. Wo hum kbhi nhi bechte sale bike hue log ho tum 😅
No scam is going on.....IRDAI and SEBI are there to safeguard investors
True... company doesn't directly involve in unethical practices but they pressurise thier employee's to the extend that they are forced to mis sell, although the irony is they always keep saying to the employee's as well that they are against unethical practices...
I worked in a bank for a year. All our branch members were forced to bring in policies and in case we could not,we had to buy one ourselves to achieve the target. The products were not competitive too, because in our training itself, a mentor had said that if we sold only on the basis of merit of our products, no one would ever buy a single policy from us, so we should improvise aka mis-sell. Every other day there would be a "login day" where we had to log in the number of policies we had sold. There was too much pressure, and those who could not sell policies were ridiculed and talked down.
Same story everywhere..where so you work now??.which bank you worked and talked above...u can use some code name..if dont want to name
Bhai sare facts mai, intensionally ulip ko down kar ke dikha rhe ho, why didn't u talk about ulip on single premium & fund switching in that, ulips is best for investment & safe. Cz it hs fund switch, single premium option, & why you always show that that chart is wrong u are selecting the fucking chart & telling people that it has fake percentage 😅 then why you picked? & Main thing why are you saying again & again i hv mutual fund & having good return 😅😅😅 wht the fuck bro... You are making this video for fooling the people that's it...& Why you put that links of mutual fund in your description fuck you bro 😅 bhai mai bhi insurance mai hu mene humesha ulip hi sell kiya hai, traditional mai sirf non par plans & term plan... Sirf ek plan galat hota hai insurance mai wo.hai TRADITIONAL KA PAR plan bonus wale plan smjh gya bhai. Wo hum kbhi nhi bechte sale bike hue log ho tum 😅
@@iammayurraj bhai ulip ma paisa phasa ha mera rato ni need ud gayi ha kich samajh nhi aarha kya kare
Guys jisko bhi jo bhi dikkat hai call me dm me, i'll help you out on ulip guys
@@iammayurraj bhai i want one suggestion bro
0.4% expense ratio nd returns ki bahar vale MF pe bhi ek video banado sirji 😂😂.
Haa bhai mujhe bhi jaan na hai
.4 % wala pgim india midcap mutual fund hey sayad
Canara Robecco Bluechip Equity fund
Hanji mujhe b janna h
Ye scheme hame bhi to batao 😂
Very helpful video, I was about to start an ulip with multiple charges and was about to get scammed. Thank you LLA.
Sir you have my deep respect as many a times people are being cheated by institutes as they don't have proper knowledge. Please make a detailed video on this and ways to tackle it so that people can be beaware.
This happens with professionals like doctors & engineers also who have limited financial knowledge
Hats off to your hard work for bringing such informative video from time to time👌👍
I am a science student and I had absolutely no idea of this side of economy !
Thank god this channel exists and I actually watched my first video
Authenticity beat competition.....by Naval ...... you guys are doing great 🙏🙏
You always explain perfectly sir . Thanks liked
Nicely explained. Each word is true. Never mix insurance & investment.
Bhai sare facts mai, intensionally ulip ko down kar ke dikha rhe ho, why didn't u talk about ulip on single premium & fund switching in that, ulips is best for investment & safe. Cz it hs fund switch, single premium option, & why you always show that that chart is wrong u are selecting the fucking chart & telling people that it has fake percentage 😅 then why you picked? & Main thing why are you saying again & again i hv mutual fund & having good return 😅😅😅 wht the fuck bro... You are making this video for fooling the people that's it...& Why you put that links of mutual fund in your description fuck you bro 😅 bhai mai bhi insurance mai hu mene humesha ulip hi sell kiya hai, traditional mai sirf non par plans & term plan... Sirf ek plan galat hota hai insurance mai wo.hai TRADITIONAL KA PAR plan bonus wale plan smjh gya bhai. Wo hum kbhi nhi bechte sale bike hue log ho tum 😅
Aur hutiya ban jao. It's actually beneficial
I literally made the investment agent for explain for 4hours, understood most things, like term insurance, ulips, bla bla bla. Did the math in front on him, that I learnt in school.
And asked him, we will talk profit later, I don't see most things breaking even in 25years.
I could see those agents looking at each other's face with no answer.
My colleague's (all highly educated) had blank expressions.
And here I am looking at your videos, and getting even more hidden information on those things I already rejected based on common sense. Glad I could see thorough those lies.
you have saved me by educating about what ULIP actually is
I had one of my relative selling policies, he also didn't clarify me about things you did
he instead tried to hide terms from me when I asked, seriously people are crossing lines
extremely helpful. your work is commendable mandeep.
Thank you man. Your logic and explanation is very good. Helped me make my decision on which Term Insurance to take . Unfortunately, I have invested in a ULIP. Hoping to come out of it as soon as I complete my lock in
Lock in is also tricky. You can only withdraw those premiums which have completed lock in period. 😂😂
Awesome video, as usual.
what a great video, keep up the work.
Thanks alot for spreading awareness 😇
Thank you so much for this video
We have just purchased the ulip and today I watched your 2 videos on ulip and I’m going to cancel it in the free look period.
Thanks alot
Really good one.
Could you please make a short video on ASM and other categories of surveillance categories that SEBI puts on stocks.
Last thing mentioned in video recently happened with me via policybazar. Agent was trying to sell ulip just by not telling it is ulip and its different charges. Thanks for your videos. It was crystal clear and i was able to save my money by making that agent angry :D
Your always best , keep it up bro ...agents may get jealous and use swear words for you ...but ignore them...
Thanks Mandeep... After watching your videos, I am surrendering My Ulip policy Right Now. Thanks for this education.
It's eye opener,sir continue good work
Bhai even I was fooled by an insurance agent in my college days as he gave me an whole life insurance policy but thanks to you when I started watching your vidoes I got much educated about insurance.i cancelled all my endowment plans and I invested all that money in mutual funds and my profits are touching the sky..I am very much thankful to you bhai for educating people.I will erge all the Indians to follow Mandeep bhai and watch his vidoes to get educated.Stop getting fooled by the insurance agents.Dont give your hard earned money to these insurance companies..
So we should pull out those endowment?
We will be penalized for it.
Did you still do it?
Bhai mat down kar yahi log nhi smjhte 🤦🏻♀️ same amount dega mutual wala hi bhai thorda kam hoga but iske alag benefit h or death ka claim bhi bhot acha h
Mutual wala hi paisa h isme long term m short term m nhi
Brother your saying is really true,i m also a employee of life insurance company since 4 months but i am not a person who give someone ulip advice,Even you talk about cultures of banks and insurance companies are true.
This video is a eyeopener for retired people insurance company takes all of your money trust me never ever invest in endowment plans or ulips. It will vanish your retirement fund.
Bhai sare facts mai, intensionally ulip ko down kar ke dikha rhe ho, why didn't u talk about ulip on single premium & fund switching in that, ulips is best for investment & safe. Cz it hs fund switch, single premium option, & why you always show that that chart is wrong u are selecting the fucking chart & telling people that it has fake percentage 😅 then why you picked? & Main thing why are you saying again & again i hv mutual fund & having good return 😅😅😅 wht the fuck bro... You are making this video for fooling the people that's it...& Why you put that links of mutual fund in your description fuck you bro 😅 bhai mai bhi insurance mai hu mene humesha ulip hi sell kiya hai, traditional mai sirf non par plans & term plan... Sirf ek plan galat hota hai insurance mai wo.hai TRADITIONAL KA PAR plan bonus wale plan smjh gya bhai. Wo hum kbhi nhi bechte sale bike hue log ho tum 😅
Thanks for this valueable video. I already heard from my senior colleague that he lost huge amount in ULIP. So never think to buy this.
THANK YOU FOR YOUR CONTENT Mandeep
You are doing good Mandeep i have also facing same problem with my mom she has taken a ulip paln than i know from your video quickly take decision shut the ulip paln my 1 lakh rupees also stuck in ulip paln thanks for your information .
No words to describe how perfect adwiser you are
Thank you boss for the valuable information. My father lost almost half of his retirement fund trusting these greedy agents.
Bhai sare facts mai, intensionally ulip ko down kar ke dikha rhe ho, why didn't u talk about ulip on single premium & fund switching in that, ulips is best for investment & safe. Cz it hs fund switch, single premium option, & why you always show that that chart is wrong u are selecting the fucking chart & telling people that it has fake percentage 😅 then why you picked? & Main thing why are you saying again & again i hv mutual fund & having good return 😅😅😅 wht the fuck bro... You are making this video for fooling the people that's it...& Why you put that links of mutual fund in your description fuck you bro 😅 bhai mai bhi insurance mai hu mene humesha ulip hi sell kiya hai, traditional mai sirf non par plans & term plan... Sirf ek plan galat hota hai insurance mai wo.hai TRADITIONAL KA PAR plan bonus wale plan smjh gya bhai. Wo hum kbhi nhi bechte sale bike hue log ho tum 😅
you are right..the same happened with me for Nippon India ..Money guarantee plan..no action taken yet!
Great Video Mandeep. Keep going. 👍
THANK YOU BHAYYA.. VERY USEFUL ONE.
Great research Bhayya
Excellent awareness video. But only at 1.5x speed and above.
I don't think I need any other video to watch to know the cons of ULIP. Thanks for sharing this info. I also have one ULIP and it has given me 19% returns. Lock in period of 5 years is over now I will withdraw the amount and put some amount in mutual funds.
Sir please upload more frequently as we are waiting for eye opening facts and offcourse for knowledge..60+ k retirement fund ko kaunsi place me park Krna theek hoga
Bhai sare facts mai, intensionally ulip ko down kar ke dikha rhe ho, why didn't u talk about ulip on single premium & fund switching in that, ulips is best for investment & safe. Cz it hs fund switch, single premium option, & why you always show that that chart is wrong u are selecting the fucking chart & telling people that it has fake percentage 😅 then why you picked? & Main thing why are you saying again & again i hv mutual fund & having good return 😅😅😅 wht the fuck bro... You are making this video for fooling the people that's it...& Why you put that links of mutual fund in your description fuck you bro 😅 bhai mai bhi insurance mai hu mene humesha ulip hi sell kiya hai, traditional mai sirf non par plans & term plan... Sirf ek plan galat hota hai insurance mai wo.hai TRADITIONAL KA PAR plan bonus wale plan smjh gya bhai. Wo hum kbhi nhi bechte sale bike hue log ho tum 😅
Thnx for the information
Make series on basic financial literaracy which need of the times. Indians lack it.Let this generation be better prepared financially. This could be significant step to alleviate standard of living and economic well-being.
Again GOD level explanation 🔥
Your video help me a lot brother
Thanks for making this video
Good job.
Keep it up 👍
Mandeep! you put a lot of sense in your talks, I have been fooled once. I was forced to buy hdfc policy when all I was looking for was to get into the mutual funds market, the only mistake I did back then was that I asked an HDFC employee to help me with the process. I'm going to stop all my current ULIP plans and start investing in MF. Though I have wasted 5 years of my precious time before realizing the actual loss here. While I look to invest in Mutual Funds I seek some initial guidance on what funds to start with keeping long term investment in mind. Would really appreciate if you could suggest few funds here as of Feb 2023. Keep up the good work dude! TIA
If you are very new, then please start with nifty 50 index .
It's simple, and effective.
Later on you can learn things and improvise
Thnk u bro..your advise verry helpfull
Thankyou for such information 🙏
I am seeing your videos for a long time great work👍
I have request that when speaking or telling value or number tell in English
Instead hindi.
Amazing video sir.. like always your videos are very knowledgeable and it helps me to gain more and more knowledge.. but i just want to clarify one thing.. i work in tata aia life. And as you say that agent quotations are more compared to online. But its not true. I don’t know about other companies but in tata aia life insurance premiums are same for agents as well as company’s online website..
btw kudos for the work you do.. please keep posting the videos. And can you also make a video regarding annuity policy ..
We r proud of you for quality teaching and learning most respected valued Sir. Thank you,
Please make a video on Home loan , education loan especially HDFC vala is selling insurance along with these. Also for education loan he is pressurising student to take half of the amount by fear mongering the students saying that we will not be allowed for visa and all.
Very informative Mandeep bro 🤟
Hi Mandeep, request you to make a detailed video on "How to make a gift deed" on gift given to mother who is housewife - limits - income tax perspective. Thank you for your great videos sharing.
Any gift that you give to a relative (who is covered in the definition of relative) is tax free in the hands of receiver.
Your mother doesn't need to pay any tax on that amount.
you said the truth..!
Thanks bhai apke channel ne muje early investment start kerne ke liye motivate kiya
Thanku....sir,very interested vedio 🙏
Very Informative!
THANKS FOR YOUR FEEDBACK ...
W•H•A•T•S•A•PP
+(1)(6)(1)(2)(5)(5)(2)(1)(2)(6)(0)
F•O•R• M•O•R•EI•N•F•O A•n•d G•u•i•d•a•n•c•e
Very helpful thank you. Can you make video on PLI also
Hdfc click 2 wealth vs regular bluechip fund which expense ratio max.
I was cheated this way by the bank manager when I wanted to put in FD
Bhai sare facts mai, intensionally ulip ko down kar ke dikha rhe ho, why didn't u talk about ulip on single premium & fund switching in that, ulips is best for investment & safe. Cz it hs fund switch, single premium option, & why you always show that that chart is wrong u are selecting the fucking chart & telling people that it has fake percentage 😅 then why you picked? & Main thing why are you saying again & again i hv mutual fund & having good return 😅😅😅 wht the fuck bro... You are making this video for fooling the people that's it...& Why you put that links of mutual fund in your description fuck you bro 😅 bhai mai bhi insurance mai hu mene humesha ulip hi sell kiya hai, traditional mai sirf non par plans & term plan... Sirf ek plan galat hota hai insurance mai wo.hai TRADITIONAL KA PAR plan bonus wale plan smjh gya bhai. Wo hum kbhi nhi bechte sale bike hue log ho tum 😅
@@iammayurraj ha bro itna hi ulip achha he to phir bank manager written me kyu nahi dete ki apko Return xxx milega. Bank manager to bas bol deta he ki gurantee itna xxx milega but jab written me mangte to baate ghuma deta hr
Abe mere bhai ulip market base plan hota market ka koi hisab hotabhai kya kitna jayega, sensex dekhta hai bhai knowledge hai, uski ? Ups & downs ki kya tum jante ho log paisa tripple se bhi jada kar lete hai ulips mak shares mai....??? Fix kaise hoga likh k kon dega btao chlo ulip mai funds mai shares mai average dekha jata hai bhai 5 saal 10 salo ka average returns dekha jata hai
@@iammayurraj bhai me yahi bol raha ki.... Maager ye kyun nahi kahta ki market ke hisab se apko paisa milega... Wo to guranteed bolta he.. Haan 1 aur baat usne bank me poster bhi chipkaye ki gurantee apko itna xxx return milega....
Gauranteed plan alag hote hai bro, 😊 or ulip k debt funds bhi hote hai,
It's better with 1.5x speed. Pls note it.
PROPER TRAINING!
HDFC Bank Manager sold my father (late) a ULIP plan saying its a FD cum Insurance Plan when he went there to renew his FDs!
Awesome work bro
Please create video on Term insurance for those recovered from covid , most of them are not getting term insurance
Bohot hi badia video sir... I was also a direct employee in a company and points you mentioned are really true... Bohot misselling hoti h insurance ki and sabse zyada ulip policies ki... Cust ko bewakoof bnaya jata h keh ke ulip policies mei k day 1 se apka 50% paisa liquid hai... Jab chahe nikaal sakte ho...
Its crazy how Big Private Banks formalize such miss selling and get away with it! Are the regulators in cahoots!
Maine ek ulip Kar Chukatha but thanks God ki free look period main app ka video dekh Liya.
Thanks
Love you sir. App log bhut achaa kaam kr rhein hai..
Sir m bank or insurance company m work kr rha...or m ye sb dekh rha kaise logi ko bnaya jaara mujhe bhut bura lgta h m kuch kr bhi ni para inlog ko aware krne me... Aap log bhut achaa kaam kr rhe sir mera bs chlta to sabhi bank k bhr mikes ponga lgwaa k logo ko har hafte aware announce krtaa ... Sir mujhe ye sb kaam ni krna aap log jaisa aachaa kaam krna h help kro n meri bhi chota he sahi aachaa kaam krunga khus rhungaa...😢😢😢❤luv u all❤❤... Kbhi bhi bank wale insurance walo kaa naa sunoo kro apni he sari research krne k bdd...
Hello sir! Can u do review of INDmoney,please. I have a regular mutual fund and they are suggesting a direct fund. How to initiate systemic transfer plan.please. It would be really helpful. I love your videos. Learnt a lot about taxation from your channel.
Thank you sir. 🙏🙏
My experience with Hdfc was like that. Paid 1 lakh for 10 years. Got back 13.33 lakhs 😭😭
Same thing happened to me.i paid for 5 yrs n after 8 yrs I got 80 thousand more
Why u crying its..29 percent cagr..its best if 1 lac became 13 lac in 10 yrs
@@prasheelgupta8364 he was saying 1 lac every year for 10 years means he invested 10 lac
@@iamsandeeppal ooh seriously then..worst return
bro thoda aur elaborate kr
Another thingh I found in the Term Insurance premium payment that if I'll choose to pay in lesser no of years then I'll pay much less total premium without affecting the inaurance amount.
Lot of love broo..
Sir is talking home loan from lic hf same as taking from some nationalized bank?
Sir ,pls help me out as I have taken plan from icici pru now I want to discontinue as agent is not giving proper guidance for the same.
Which term insurance and direct mutual fund did you buy, sir ?? Actually I am also searching it, just taking a good suggestion from your side and at the end, I want to tell analysis is mind blowing and superb, I cordially congralute you for sharing this type of knowledge
Salute to you sir
Hi Bro, what's your take on the HDFC Click2Wealth Retirement Plan offered on Policybazaar as a Retirement/Pension offering ? I did buy it today and paid a monthly premium. But ULIP's do sound fishy to me for some reason. Your suggestions would be of great help.
For your kind information there is 2% commission on premium (which is for premium paying term only) in ULIPs and 0.5% of AUM in case mutual fund (Which will be for entire tenure basis AUM - Costlier than ULIPS)
Now ULIp are tax free ans Mutual funds are not
3rd Both are working on Market and returns will based on co. To co. On an average insurance co. Give 12% avg return. Where co. Like TATA BAJAJ give 16% to 18% return on there funds.
Most mutual funds gives 15% -20% so it's at par and in long term they provide good returns as well as there are switches and Redirections from which you can maximize your Returns more than MFs.
So benefits are based on individual need and choise.
Most Middle class people get benefits from ULIP plans where they get Good returns as week as Small insurance cover for their short term obligation towards family. So ULIPS are different and highly changed in there earlier manner.
Sir please compare Postal life insurance (PLI) with mutual fund or other ULIP
Good educative video.
Pls guide....of tax implications if I do premature exit of my existing ULIP.... little/no information is available online. Also..in case..when 80C deductions r not claimed in preceding years. Everyone suggests to exit but we want to understand if we r in 3rd/4th year..shall we wait till 5th Year?...Request you to pls upload a video.
Last me Sahi Kaha Apne
Aur isme ek bat aur hai ki agar Kisi ne paisa endowment plan me Dal Diya to ek premium dene par paisa Milta hi Nahi jab tak 3 premium pay na Karo
Aur 3 premium pay Karne ke bad bhi 70% Ka loss
Jisne Pura retirement Ka paisa Kisi aise froad ke chakkar me laga Diya to uska hal uska Dil aur bhagwan Janta hai bas
IRDA ko in mamlo me aur jyada sakht Hona Chahiye
Good informative video.
BTW you keep mentioning your MF is giving good returns, kindly share details so we can benefit as well. ;)
Keep up the good work.
The Returns I've got will now be past returns for you. That is why I don't mention the name because investing on the basis of past performance is not a good idea, among other things.
I'll plan a video to explain how to choose good mutual funds
@@LabourLawAdvisor invest in ulip for 20 years.
And invest in mf for 20 years.
You will see the difference.
Ulip will actually be more beneficial in long run.
@@onlinechesslecture9003 Not possible
Hey, I’ve invested 2 * 50000 so now if I surrender I won’t be able to withdraw until lock-in period. What should i do please suggest ?
for now you should continue.. now that u have already made an investment, no point of surrendering for extra 2-3% returns. moreover you would be getting a decent returns if invested in good funds, so relax and continue..
Abhi continue karo lock in period tak
Bhai sare facts mai, intensionally ulip ko down kar ke dikha rhe ho, why didn't u talk about ulip on single premium & fund switching in that, ulips is best for investment & safe. Cz it hs fund switch, single premium option, & why you always show that that chart is wrong u are selecting the fucking chart & telling people that it has fake percentage 😅 then why you picked? & Main thing why are you saying again & again i hv mutual fund & having good return 😅😅😅 wht the fuck bro... You are making this video for fooling the people that's it...& Why you put that links of mutual fund in your description fuck you bro 😅 bhai mai bhi insurance mai hu mene humesha ulip hi sell kiya hai, traditional mai sirf non par plans & term plan... Sirf ek plan galat hota hai insurance mai wo.hai TRADITIONAL KA PAR plan bonus wale plan smjh gya bhai. Wo hum kbhi nhi bechte sale bike hue log ho tum 😅
I saw one video in that channel where 24L premium of ULIP was issued to a family...
What is your superpower ......Mandeep - knowledge .......batman ❤️
Imagine I'm saying this with a heavy and grunt voice, "I'm batman"
god-level knowledge hands down 🤗
The mortality charge which they pay back is not given back on absolute basis but on unit basis.
If they deduct 100 as mortality charge and nav as at date is 10. The 10 units deducted now will be given back later at market value as at that date. So the loss of time value is not there.
This makes a huge difference if ulip is long term
Awaiting reply
No this is not the case. if in any Ulip Plan mortality is given back that is given back in absolute value basis not on unit basis.
ICICI pri signature if you take and study it's BI you can understand
@Mandeep Bro Thanks Bro for making video on my tweet and explaining it in detail. I’m sure it will be helpful for many people like me. And sorry if I make you angry for my tweet. My intention was to understand from you on the illustration. Btw, you made me popular 😜
I've the same Batman Bobblehead.. Batman Fan♥️
I've a doubt; Tax Free ULIP will still be outperformed by Mutual Funds during the same period of investment time?
nope, actually Mutual Funds actually has potential to give more than 12% returns and good(top 3) funds do give returns in 14% range whereas ULIPs won't really be able to compete with such high returns.
Good one 👍
Very informative video
I had buy an HDFC click to wealth plan in 2020 so, what should I do.... should I stop my premium.